Dsam Partners Llp Lowered Electronic Arts INC (EA) Stake by $14.25 Million

September 17, 2017 - By Dolores Ford

Investors sentiment increased to 0.85 in Q4 2016. Its up 0.04, from 0.81 in 2016Q3. It improved, as 71 investors sold EA shares while 214 reduced holdings. 65 funds opened positions while 178 raised stakes. 290.67 million shares or 1.29% less from 294.46 million shares in 2016Q3 were reported. Rhumbline Advisers owns 539,197 shares. Cambridge Investment Research Advsr Inc reported 0.01% in Electronic Arts Inc. (NASDAQ:EA). 27,372 are held by Ww Asset. Holland Capital Llc accumulated 26,665 shares. Clinton Group Inc invested in 63,952 shares. Arrow Fin, New York-based fund reported 20 shares. The United Kingdom-based Lombard Odier Asset Mgmt (Europe) has invested 0.11% in Electronic Arts Inc. (NASDAQ:EA). Ls Inv Advsrs Ltd invested in 0.03% or 5,984 shares. Centurylink Management reported 7,048 shares. Moreover, Kanaly has 0% invested in Electronic Arts Inc. (NASDAQ:EA) for 21 shares. Geode Cap Mngmt Ltd Liability Corporation holds 0.11% in Electronic Arts Inc. (NASDAQ:EA) or 2.89 million shares. 4,235 were reported by Provise Management Gp Ltd Liability. Moreover, First Western Cap Management Company has 0.14% invested in Electronic Arts Inc. (NASDAQ:EA) for 3,300 shares. Neuberger Berman Grp Inc Limited Liability stated it has 279,531 shares. Airain Limited holds 0.45% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 71,404 shares.

Since March 20, 2017, it had 0 buys, and 25 selling transactions for $50.11 million activity. The insider LINZNER JOEL sold $357,221. On Thursday, June 1 Wilson Andrew sold $914,585 worth of Electronic Arts Inc. (NASDAQ:EA) or 8,000 shares. 2,500 shares were sold by Miele Laura, worth $275,000 on Tuesday, May 23. MOORE PETER R. had sold 10,000 shares worth $940,066 on Wednesday, May 3. 8,000 shares valued at $911,680 were sold by Soderlund Patrick on Thursday, June 1. Jorgensen Blake J sold $1.05M worth of Electronic Arts Inc. (NASDAQ:EA) on Thursday, May 18.

Guy Shahar decreased its stake in Electronic Arts Inc (EA) by 45.98% based on its latest 2016Q4 regulatory filing with the SEC. Dsam Partners Llp sold 182,698 shares as the company’s stock rose 23.30% with the market. The hedge fund run by Guy Shahar held 214,640 shares of the prepackaged software company at the end of 2016Q4, valued at $16.91 million, down from 397,338 at the end of the previous reported quarter. Dsam Partners Llp who had been investing in Electronic Arts Inc for a number of months, seems to be less bullish one the $36.87B market cap company. The stock increased 0.19% or $0.23 on September 15, reaching $119.42. About 3.19 million shares traded or 51.90% up from the average. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since September 17, 2016 and is uptrending. It has outperformed by 29.75% the S&P500.

Dsam Partners Llp, which manages about $362.87 million US Long portfolio, upped its stake in Bank Amer Corp (NYSE:BAC) by 335,037 shares to 492,744 shares, valued at $10.89 million in 2016Q4, according to the filing. It also increased its holding in Anadarko Pete Corp (NYSE:APC) by 123,850 shares in the quarter, for a total of 368,831 shares, and has risen its stake in Trinseo S A (NYSE:TSE).

Wall Street await Electronic Arts Inc. (NASDAQ:EA) to release earnings on November, 7. Analysts forecast earnings per share of $0.39, down exactly $0.04 or 9.30 % from 2014’s $0.43 EPS. The expected EA’s profit could reach $120.41M giving the stock 76.55 P/E in the case that $0.39 earnings per share is reported. After posting $0.36 EPS for the previous quarter, Electronic Arts Inc.’s analysts now forecast 8.33 % EPS growth.

More important recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Investorplace.com which released: “A Winning Play in Electronic Arts Inc. (EA) Stock” on August 24, 2017, also Investorplace.com published article titled: “Should You Buy Electronic Arts Inc. (EA) Stock? 3 Pros, 3 Cons”, Investorplace.com published: “Electronic Arts Inc. (EA) Stock Is a Sports Game Cash Cow” on August 18, 2017. More interesting news about Electronic Arts Inc. (NASDAQ:EA) was released by: Investorplace.com and their article: “Value Electronic Arts Inc. (EA) Stock Like a Media Company” with publication date: August 31, 2017.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Among 22 analysts covering Electronic Arts (NASDAQ:EA), 20 have Buy rating, 0 Sell and 2 Hold. Therefore 91% are positive. Electronic Arts has $136 highest and $67 lowest target. $106.51’s average target is -10.81% below currents $119.42 stock price. Electronic Arts had 58 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Hilliard Lyons to “Buy” on Tuesday, February 9. Oppenheimer maintained the stock with “Outperform” rating in Friday, October 14 report. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Long-Term Buy” rating by Hilliard Lyons on Wednesday, March 30. The firm has “Hold” rating by Cowen & Co given on Wednesday, September 6. As per Friday, July 28, the company rating was maintained by Wedbush. Piper Jaffray maintained Electronic Arts Inc. (NASDAQ:EA) rating on Friday, September 8. Piper Jaffray has “Buy” rating and $128.0 target. The rating was maintained by BMO Capital Markets with “Hold” on Monday, June 12. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Buy” rating given on Wednesday, November 2 by Benchmark. On Monday, July 31 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was upgraded by Atlantic Securities to “Overweight” on Friday, December 4.

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